Steilmann
Encyclopedia
Steilmann was a German textile
group which had its headquarters in Wattenscheid
and at its 1998 peak employed over 18,000 people. After near-bankruptcy in 2006 broke up the group, some parts continue to use the Steilmann name.
Founded in 1958 by Klaus Steilmann (1929–2009), the Steilmann Group at its peak in 1998 employed over 18,000 people in 14 countries, and had turnover of nearly 1.5bn DM. With increasing difficulties from increased competition in the sector after 1998, Steilmann narrowly avoided bankruptcy in 2006, its parts being sold to the Radici Group
(Miro Radici AG), which had previously acquired parts of Steilmann, including Steilmann Eastern Europe in 2003.http://www.steilmann-osteuropa.de/english/content.php?BEREICH=unternehmen&NAV=1.0&TPL=tpl_kurzportraet.html
Klaus Steilmann died on 13 November 2009.
Textile
A textile or cloth is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands...
group which had its headquarters in Wattenscheid
Wattenscheid
Wattenscheid was once a separate town in the North Rhine-Westphalia region of Germany. In 1975 it became part of Bochum. It has a population of about 80,000 citizens. It is a part of the Ruhr area. Some famous firms have their headquarters in Wattenscheid e.g...
and at its 1998 peak employed over 18,000 people. After near-bankruptcy in 2006 broke up the group, some parts continue to use the Steilmann name.
Founded in 1958 by Klaus Steilmann (1929–2009), the Steilmann Group at its peak in 1998 employed over 18,000 people in 14 countries, and had turnover of nearly 1.5bn DM. With increasing difficulties from increased competition in the sector after 1998, Steilmann narrowly avoided bankruptcy in 2006, its parts being sold to the Radici Group
Radici Group
Radici Group based in Gandino, Italy, is a large Italian corporation active in several industries like textiles, chemicals and plastic with factories in Italy, Germany and Romania. In 2006 the company bought several parts of the German company Steilmann....
(Miro Radici AG), which had previously acquired parts of Steilmann, including Steilmann Eastern Europe in 2003.http://www.steilmann-osteuropa.de/english/content.php?BEREICH=unternehmen&NAV=1.0&TPL=tpl_kurzportraet.html
Klaus Steilmann died on 13 November 2009.